Reliance Jio, Airtel and Vodafone Idea to participate in Rs 96,317 crore spectrum auction

The government will auction eight spectrum bands for mobile phone services at a base price of about Rs 96,317 crore. All the available spectrum in the 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and 26 GHz bands are part of the auction.